Capital Investment Advisors LLC Purchases 1,252 Shares of ASML Holding (NASDAQ:ASML)

Capital Investment Advisors LLC increased its holdings in ASML Holding (NASDAQ:ASML - Free Report) by 306.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,661 shares of the semiconductor company's stock after purchasing an additional 1,252 shares during the period. Capital Investment Advisors LLC's holdings in ASML were worth $1,151,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ASML. Armstrong Advisory Group Inc. increased its position in shares of ASML by 24.5% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 61 shares of the semiconductor company's stock worth $51,000 after purchasing an additional 12 shares in the last quarter. Matrix Private Capital Group LLC increased its holdings in shares of ASML by 5.5% during the second quarter. Matrix Private Capital Group LLC now owns 248 shares of the semiconductor company's stock worth $254,000 after buying an additional 13 shares in the last quarter. Bruce G. Allen Investments LLC raised its stake in shares of ASML by 21.2% in the third quarter. Bruce G. Allen Investments LLC now owns 80 shares of the semiconductor company's stock valued at $67,000 after acquiring an additional 14 shares during the last quarter. Fortitude Family Office LLC raised its stake in shares of ASML by 46.9% in the third quarter. Fortitude Family Office LLC now owns 47 shares of the semiconductor company's stock valued at $39,000 after acquiring an additional 15 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of ASML by 1.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the semiconductor company's stock worth $768,000 after acquiring an additional 15 shares in the last quarter. Institutional investors own 26.07% of the company's stock.

ASML Trading Down 1.4 %

Shares of ASML traded down $9.99 on Wednesday, reaching $726.30. 1,861,790 shares of the company's stock were exchanged, compared to its average volume of 1,482,060. The business has a 50 day moving average price of $702.22 and a two-hundred day moving average price of $801.85. ASML Holding has a 12 month low of $645.45 and a 12 month high of $1,110.09. The stock has a market capitalization of $285.74 billion, a P/E ratio of 38.03, a price-to-earnings-growth ratio of 2.07 and a beta of 1.47. The company has a current ratio of 1.55, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29.

ASML (NASDAQ:ASML - Get Free Report) last issued its earnings results on Tuesday, October 15th. The semiconductor company reported $5.80 EPS for the quarter, beating the consensus estimate of $5.24 by $0.56. ASML had a net margin of 26.40% and a return on equity of 47.61%. The company had revenue of $8.21 billion during the quarter, compared to analysts' expectations of $7.66 billion. Research analysts anticipate that ASML Holding will post 20.68 earnings per share for the current year.

Analysts Set New Price Targets

ASML has been the subject of several research analyst reports. Wells Fargo & Company lifted their price objective on ASML from $790.00 to $860.00 and gave the company an "overweight" rating in a research report on Monday. Susquehanna cut their price target on ASML from $1,300.00 to $1,100.00 and set a "positive" rating for the company in a report on Friday, October 11th. JPMorgan Chase & Co. reduced their price target on shares of ASML from $1,207.00 to $1,148.00 and set an "overweight" rating on the stock in a research report on Thursday, October 17th. Morgan Stanley downgraded shares of ASML from an "overweight" rating to an "equal weight" rating in a research note on Friday, September 20th. Finally, BNP Paribas started coverage on shares of ASML in a research note on Tuesday, December 3rd. They set an "outperform" rating and a $858.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $955.50.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.